FilingReader Intelligence

Zhejiang Sunflower shareholder unpledges significant block of shares

September 5, 2025 at 05:06 AM UTCBy FilingReader AI

Zhejiang Sunflower Great Health Technology Co., Ltd. announced that its shareholder, Mr. Wu Jianlong, has unpledged 50,000,000 shares of the company. These shares represent 13.49% of Mr. Wu Jianlong's total holdings and 3.88% of the company's total share capital. The pledge was initiated on May 15, 2024, and released on September 3, 2025, with Shaoxing Bank Co., Ltd. Gaoxin District Sub-branch as the pledgee.

Following this transaction, Mr. Wu Jianlong’s total pledged shares amount to 241,000,000, representing 65.02% of his total 370,630,131 shares and 18.72% of the company’s total share capital. The announcement confirms that neither Mr. Wu Jianlong nor his concerted parties have any shares frozen or subject to auction, indicating no immediate risk of forced liquidation or transfer, nor any adverse impact on the company's operations or governance.

The company stated it will continue to monitor the progress of share pledges and releases, fulfilling its information disclosure obligations promptly. Investors are advised to exercise caution.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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